INFORMATIOX RELATIXG TO CREDIT 69 



Bonds. — The bonds, redeemed bonds being deducted, amounted on 

 30 June 1916 to 



187433 at 4 per cent, 



242,458 at 4.50 per cent. 



49,511 at 5 per cent. 



that is a total of 479,402 bonds 



representing a nominal capital of 238,701,000 francs. 



Mortgage Looms. — On 30 June 1915 the amoimt of mortgage loans 

 reached 247,751,622 francs. 



During the year T915-1916 the society examined loi apphcations 

 for loans, for a total amount of 41,165,000 francs. Fifty of them, repre- 

 senting 13,137,000 francs, were rejected, and the society therefore granted 

 only fifty-one new loans for a total amount of 28,028,000 francs, of which 

 sum 26,848,000 francs have already been paid. 



On the other hand the society recovered during the 3'ear 39,843,072 

 francs, by repayments of mature loans, anticipation of repayments and 

 expropriations. The amount of current mortgage loans diminished by 

 12,995,072 francs, their total siun being 234,756,550 francs on 30 June 1916. 



This sum was made up as follows : 



Urban loans 16,290,950 francs 



Rural » 218,465,600 )> 



234756,550 



The rural loans thus represent 93.06 per cent, of the total amount of 

 current loans. 



Payment of Annuities. — The amount of the annuities falling due 

 on 30 June 1915 and not paid on that date was 10,377,879.20 francs. 

 The half-yearly payments which fell due during the year amounted to 

 20,299,133.70 francs. The total sum of yearly pa^anents to be received 

 between i Jul}' 1915 and 30 June 1916 was therefore 30,677,012.90 francs. 

 Of this sum 18,840,235 francs was recovered, so that on 30 June 1916 the 

 am.ount of due and unpaid annual payments was 11,836.777.90 francs. 

 Most of the debtors show excellent dispositions ; but the situation in which 

 the last few years has placed them makes it difficult for such of them as 

 were not at first able to meet their engagements to free themselves now. 

 It is therefore returns arising out of earlier ^-ears which are most easily col- 

 lected. 



